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Daily Current Affairs 29 May 2017: Your guide for daily General Knowledge Preparation

Dear Readers,
This article, Daily Current Affairs 29 May 2017, includes all Major National, International, Business, and Sports events. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through this article, that is, Daily Current Affairs 29 May 2017, we would recommend to you to try 29 May 2017 Current affairs test.

Important Days and Dates
International Day of United Nations Peacekeepers: May 29
Every year May 29 is observed as International Day of United Nations Peacekeepers. This day is celebrated to honour the memory of those who have lost their lives in the cause of peace.
Theme of International Day of UN Peacekeepers 2017: Investing in Peace around the world

National News
1. India’s first digital bank for sanitary pads.

  • Mumbai MLA Bharati Lavekar has launched India’s first digital bank for sanitary pads on the occasion of World Menstrual Hygiene Day.
  • People can log in to tee to either donate pads or money to those in need.
  • The needy can also access available resources on the portal.

2. New Aeronautical test range in Karnataka.

  • Union Defence Minister Arun Jaitley inaugrated a first-of-its-kind Aeronautical Test Range in the Chitradurga district of Karnataka.
  • It will spread across an area of 4,200 acres and will be the leading test centre for DRDO.
  • It has been built at a cost of Rs. 1300 crore.
  • The ATR is already home to two of India’s unmanned aerial vehicles- Rustom-1 and Rustom-2- that have undertaken test flights in Challakere before.

3. Satyabrata Rout awarded Sangeet Natak Akademi Puraskar.

  • Satyabrata Rout has been awarded Sangeet Natak Akademi Puraskar for the year 2016.
  • He has been awarded for developing a unique method of teaching and practising direction and design.
  • The Sangeet Natak Akademi Puraskar is an award given by the Sangeet Natak Akademi.
  • It is the highest Indian recognition given to practising artists.

4. INS Ganga to retire.

  • INS Ganga will be placed in non-operational followed by decommissioning, after 32 years of service.
  • INS Ganga is a Godavari-class guided-missile frigate of the Indian Navy.
  • It was built in Mumbai by Mazagon Dock Limited.
  • NS Ganga was commissioned on December 30, 1985.

International News
1. Kazakhstan to produce nuclear fuel for China.

  • Kazakhstan will start producing nuclear fuel for Chinese power plants in 2019 through a joint venture set up by the two countries.
  • The first stage of the joint venture will produce about 200 tonnes of nuclear fuel a year.
  • Kazakhstan has no enrichment facilities and mostly exports uranium in the form of triuranium octoxide or pellets.
  • Capital of Kazakhstan – Astana

2. The Square wins top prize at Cannes Film Festival.

  • The Swedish film ‘The Square’ has won the Palme d’Or, the top prize at 70th Cannes Film Festival.
  • The Square is a Swedish satirical drama film directed by Ruben Östlund.
  • The film ‘120 Beats Per Minute!’ won the Grand Prix, the runner-up prize.
  • The 70th annual Cannes Film Festival took place from 17 to 28 May 2017, in Cannes, France.

Business News
1. Fairfax sells 12% in ICICI Lombard.

  • Investment firm Fairfax Financial Holdings has offloaded 12.18 per cent in ICICI Lombard General Insurance to a clutch of investors, including Warburg Pincus,
  • The stake sale by Fairfax is part of its plan to sell 25 per cent in the general insurance firm and start a new insurance joint venture.
  • ICICI Lombard was set up in 2001 as a joint venture between ICICI Bankand India-born Canadian billionaire Prem Watsa’s Fairfax.
  • Chairperson of ICICI Lombard – Chanda Kochhar

Prasar Bharati signs MoU with SNRT.

  • Prasar Bharati has got into an agreement with Morocco’s Societe Nationale de Radiodiffusion et de Television.
  • The agreement has been signed to step up cooperation in the broadcasting sector.
  • The MoU was signed by Kheya Bhattacharya, Ambassador of India, on behalf of Prasar Bharati and Faycal Laraichi, CEO of SNRT.

Sports News
1. 2017 World Table Tennis Championships begins.

  • World Table Tennis Championships began in Dusseldorf, Germany with the Qualification matches.
  • This is the 54th edition of the competition and is being hosted by Germany for the seventh time.
  • 8 member Indian squad lead by Achanta Sharath Kamal will represent India.

daily current affairs 29 may 2017

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